Funding you earn now, next payment 04:00 UTC−0.0737%/8h= −80.7% APRnext payment −$3.69 per $10,000 · paid last 24h −0.497%
Price spread now: Binance against Bybit+0.004%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
Funding, last 7 days−0.412%−$41 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.004%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.412% in total (about -21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05604 | 0.0837 | pay 0.0419% / 4h | 42m 14s | $791K | $332K | 25x |
| Short | Binance ONTUSDT | 0.05604 | 0.0100 | get 0.0050% / 4h | 42m 14s | $2.4M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$154.84
- Price spread: +0.004% → +0.007%
- −$0.38
- Slippage, 4 orders
- −$97.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$273.37
- Costs to cover
- 1.182%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 13 min ago | 3.56 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.89 bp | 13.5 bp −$14 | 61.6 bp −$616 | doesn't fit | doesn't fit |
ONT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDT | +0.0070% | 4h | 0.05618 | +0.250% | $131K | $24K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05612 | +0.150% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05604 | +0.004% | $2.4M | $2.7M | 50x | |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05605 | +0.018% | $797K | $904K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.107% | $178K | $55K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05606 | +0.036% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05614 | +0.178% | $517K | $41K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05610 | +0.107% | $799K | $278K | 50x | as long as short |
| Variational Omni ONT | +0.0720% | 4h | 0.05601 | −0.054% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0804% | 4h | 0.05611 | +0.125% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTlong | +0.0837% | 4h | 0.05604 | long leg | $791K | $332K | 25x | |
| Kraken Futures PF_ONTUSD | +0.0987% | 1h | 0.05604 | −0.008% | $9K | $301 | 10x | as long as short |
Bybit ONTUSDT
Binance ONTUSDT
BloFin ONT-USDT
Aster ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDT
Kraken Futures PF_ONTUSD